Signs of easing inflation could push Bitcoin and select altcoins above their respective overhead resistance levels in the short-term. Source link
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Ad The United States government said it sold 9,861.17 Bitcoin on March 14 for $215.7 million, according to a March 31 court filing. According to the court document, the sold BTC was part of the 51,351 seized from James Zhong. Zhong pleaded guilty to wire fraud after the government arrested…
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The dramatic collapse of crypto exchange FTX last November is not moving Bermuda away from receiving crypto companies, according to the head of the British island territory’s government during an interview with Bloomberg News. “The future of finance is digital,” said the premier and finance minister Edward David Burt, who…
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Ad The majority of power used in Bitcoin mining comes from renewable energy sources, according to research by ESG analyst and investor Daniel Batten. Climate activists and politicians have long criticized the impact of mining on the environment but recent research shows that Bitcoin is ushering in renewable energy at an…
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The organization following the launch of the Central African Republic’s Sango Coin has announced a delay of its listing “just for a few weeks,” citing legal and regulatory obstacles. In a March 31 message on its Telegram channel, the Sango Project said the government of the Central African Republic, or…
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Ad Binance.US said March 31 that some deposit and withdrawal services would be temporarily unavailable as it transitions to new services. That update says that several transfer methods will be unavailable, including wire deposits and withdrawals, Apple Pay deposits, and Google Pay deposits. It also said that debit card deposits…
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Crypto hackers and scammers made off with $452 million in the first quarter of 2023, according to a report released by antivirus and app provider De.Fi. But that is good and bad news, as losses were down from $1.3 billion in the first quarter of 2022. The recovery rate was…
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Ad Bittrex, a notable cryptocurrency exchange, said that it will voluntarily halt U.S. operations in an email sent to users on March 31. The company said it will fully cease operations in the United States at 12 p.m. noon PDT on April 30. It added that April 29 would be…
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An active-duty United States Space Force astronautical engineer is proposing to the Pentagon a cybersecurity tool capable of transforming the country’s national security and even the base-layer architecture of the internet: Bitcoin (BTC). In an academic thesis, Major Jason Lowery, who is also a National Defense Fellow at Massachusetts Institute…
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Ad Space Force major Jason Lowery believes that the U.S. government should stockpile Bitcoin (BTC) and set up mining operations to compete for a share of control over the network. He further states that BTC should be protected under the second amendment as it is essentially a weapon for self-defense.…